For sale by auction 13/12/2022 £440,000 plus
Freehold commercial investment
Location & Description
A three storey mid terraced property arranged over ground and two upper floors. The property has been converted by the current tenant to provide residential accommodation on the ground and upper floors.
The retail unit has been removed, with the roller shutter retained and a void behind leading into a rear ground floor residential unit. The upper part is arranged as a three bedroom maisonette.
The property is located on the east side of London Road within a mixed local parade between Kilmartin Avenue and Strathyre Avenue, close to Norbury mainline station.
Accommodation
Ground Floor: Former shop, seven rooms, kitchen, two bathrooms, rear yard
First & Second Floor Maisonette: Three bedrooms, two bathrooms, kitchen with access to the rear yard via a metal staircase.
Tenancy Details
The entire property is subject to a 12 year lease from 2008 at a rent of £15,950 p.a.
Note
Auction Surveyor: Sam Harborne
Contact:
Equivalent to £15,950 p.a.